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LDA Capital and existing creditors back Premiere Horizon's growth strategy through a PHP 2.8 billion funding commitment and debt reduction

July 21, 2021
PASIG CITY, Philippines, July 22, 2021 /PRNewswire/ Premiere Horizon Alliance Corporation (PHA), listed on the Philippine Stock Exchange (PHA:PM), is pleased to announce it has entered into a Put Option Agreement (POA) with LDA Capital (LDA) for up to PHP 2,800,000,000 in committed equity over the next thirty-six months.
LDA s investment will help accelerate PHA s expansion projects focused on the growing real estate sector and emerging fintech industry. The capital will also be used to advance the development of SquidPay Technology, a convenient and efficient payment experience for Filipinos, which will be integrated by Q3 of 2021.
PHA will be able to access the equity financing by exercising Put Options whereby PHA has the right, but not the obligation, to draw down from the equity at its discretion. The first Put Option Notice (PON) will be completed within 45 days. ....

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Get Caught up with the Members of Best Virginia

Get Caught up with the Members of Best Virginia
si.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from si.com Daily Mail and Mail on Sunday newspapers.

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Campaign to Rein in Mega IRA Tax Shelters Gains Steam in Congress Following ProPublica Report

Campaign to Rein in Mega IRA Tax Shelters Gains Steam in Congress Following ProPublica Report
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Campaign to Rein in Mega IRA Tax Shelters Gains Steam in Congress Following ProPublica Report

Campaign to Rein in Mega IRA Tax Shelters Gains Steam in Congress Following ProPublica Report
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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What Peter Thiel's roth IRA means for yours

What Peter Thiel's roth IRA means for yours
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